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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (1605)3/29/2000 11:24:00 AM
From: BWAC  Read Replies (3) | Respond to of 5499
 
Nope ETYS is not cheap, as compared to any rational price/sales multiple for the retail/toy sector.

Just looking for a cheap mania play for this years Christmas e-tail hype of the future. I was calculating selling a few Puts, having them expire, sell some more, expire them, and then get exercised for say June, with a nice cushion against ETYS running out of cash and business.